Welcome to our dedicated page for Splunk news (Ticker: $SPLK), a resource for investors and traders seeking the latest updates and insights on Splunk stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Splunk's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Splunk's position in the market.
Rhea-AI Summary
Splunk Inc. reports strong Q2 2024 results with a 16% increase in Annual Recurring Revenue (ARR) and 29% growth in Cloud revenue. Trailing twelve month operating cash flow and free cash flow nearly quadrupled, up 247% and 273% respectively. The company also saw an increase in customers with total ARR greater than $1 million. Splunk unveiled new AI, security, and observability innovations at .conf23 and announced a strategic partnership with Microsoft. The company was named a Leader in the 2023 Gartner Magic Quadrant for Application Performance Monitoring and Observability. Splunk's financial outlook for Q3 2024 and FY 2024 has been raised, with increased total ARR, revenues, non-GAAP operating margin, and free cash flow. Splunk's stock price may be positively affected by these strong financial results and growth prospects.
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12.91%
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Rhea-AI Summary
Splunk Inc. (NASDAQ: SPLK) to report Q2 results on August 23, 2023, including financial information. Executive management to host conference call at 1:30 p.m. PT to discuss results and business highlights. Interested parties can access the call via phone or webcast.
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-3.17%
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Rhea-AI Summary
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3.05%
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Splunk Inc. (NASDAQ: SPLK) announced the launch of Splunk AI, a new collection of AI-powered offerings to enhance its unified security and observability platform. The new generative AI app, Splunk AI Assistant, provides an interactive chat experience, while the embedded AI offerings enable organizations to drive more accurate alerting and execute insights-driven anomaly detection through automation. The new AI-powered offerings aim to enhance customer experience and empower SecOps, ITOps, and engineering teams to accelerate productivity and lower costs.
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-1.61%
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Rhea-AI Summary
Splunk Inc. (NASDAQ: SPLK) unveiled new product innovations at .conf23, empowering SecOps, ITOps and engineering teams with unified experiences and workflows to detect threats, investigate, and respond quickly. The advancements include the Splunk Attack Analyzer, OpenTelemetry Collector, Unified Identity, and more, providing unparalleled visibility across hybrid environments.
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-1.61%
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Splunk Inc. has announced Splunk Edge Hub, a solution that simplifies data ingestion and analysis from sensors, IoT devices, and industrial equipment. The device provides comprehensive visibility across IT and OT environments by streaming data directly into the Splunk platform. It enables advanced monitoring, investigation, and response to drive digital resilience. Splunk Edge Hub is currently available in the United States, with plans to expand to other regions.
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-1.61%
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Splunk Inc. and Microsoft Corp. are partnering to build Splunk’s enterprise security and observability offerings on Microsoft Azure. Splunk solutions will be available for purchase on the Microsoft Azure Marketplace. Microsoft will collaborate with Splunk to develop a differentiated product offering by leveraging Microsoft Azure for Splunk’s cloud products.
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-1.61%
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Splunk Inc. has been named a Leader in the 2023 Gartner Magic Quadrant for Application Performance Monitoring (APM) and Observability. This recognition highlights Splunk's commitment to delivering observability solutions that provide full-stack visibility and faster problem resolution.
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0.07%
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0.86%
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Klaviyo announces the appointment of Steve Rowland as President. Rowland brings 25 years of experience in high-growth technology organizations and will lead Klaviyo's marketing, partnerships, sales, and customer success initiatives.
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Rhea-AI Sentiment
End-of-Day
0.91%
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About SPLK
splunk inc. (nasdaq: splk) was founded to pursue a disruptive new vision: make machine data accessible, usable and valuable to everyone. machine data is one of the fastest growing and most valuable parts of big data -- generated by every component of it infrastructures, applications, mobile devices, website clickstreams, social data, sensors and more. splunk is the leading software platform for machine data that enables customers to gain real-time operational intelligence. our company's mission is to address the challenges and opportunities of managing massive streams of machine-generated big data. more than three quarters of the fortune 100 and thousands of enterprises, universities, government agencies and service providers use splunk software to harness the power of their machine data for application management, it operations, security, web intelligence, customer and business analytics and more. splunk helps customers solve problems in ways they could never dream before. with splunk